People are becoming increasingly aware – and afraid – of skimming.
However, there are some simple steps that can be taken to minimize your risk of becoming a victim.
What is skimming?
“Skimming” refers to capturing someone’s personal information electronically by obtaining credit or debit card information. A skimmer is a small device that scans a credit, debit or ATM card and stores the information contained in the magnetic strip. The information is used to make fraudulent transactions on the account. Skimming can occur in restaurants, bars, and retail counters where the physical card is handled.
How can I avoid becoming a victim?
There are a few steps you can take to minimize the risk of skimming.
- Be aware of your surroundings. If someone is paying extra attention to your transaction, their intentions may not be good.
- Protect your PIN. Cover the keypad when entering your PIN at an ATM or when making a debit card transaction. Also, never write your PIN number down in your wallet, purse or on the back of the card itself.
- Protect your cards. There are special wallets available that reflect attempts to scan for information. Also, do not carry any cards you don’t plan on using.
- Know your activity. With free card alerts through Popular Online Banking, you can monitor your debit card transactions.
We also have some great, new information available about how to protect your debit card. Click here for details.